With the pressure of share prices, we shareholders all feel the pain.
Will be intresting to find out tomorrow, how much of short positions has been closed due to the ASX 200 Funds selling.
One would think, large volume of short positions would be close on last Friday. However, 15+Million shares was short on Friday, and wih the relentless selling the last 3 day. I will be interested in what volume short positions was able to closed on Friday.
1: 15+ Million shares was short on Friday to keep the price down, as the short know the Funds will try and keep the prices up for the closing auction?
2: Some short intresting was closed and re taken to short the last 3 day, as they know more funds are selling?
3: Short was not able to closed an substantial amount as someone else brought the shares the Funds sold. Hence, the short attack the last 3 day, as to close out more short positions?
The number of short positions will paint a picture of what going, me think
Just me trying to understand the current situation.
Learning